Teacher Retirement System of Texas purchased a new position in shares of Gardner Denver Holdings, Inc. (NYSE:GDI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 400,000 shares of the company’s stock, valued at approximately $8,644,000.

Several other institutional investors also recently made changes to their positions in the stock. NGAM Advisors L.P. bought a new position in shares of Gardner Denver Holdings during the second quarter worth $302,000. Sei Investments Co. bought a new position in shares of Gardner Denver Holdings during the second quarter worth $622,000. Quantitative Systematic Strategies LLC bought a new position in shares of Gardner Denver Holdings during the second quarter worth $1,719,000. TD Asset Management Inc. bought a new position in shares of Gardner Denver Holdings during the second quarter worth $2,184,000. Finally, First Trust Advisors LP bought a new position in shares of Gardner Denver Holdings during the second quarter worth $3,151,000. Institutional investors own 4.89% of the company’s stock.

Gardner Denver Holdings, Inc. (NYSE GDI) opened at 22.59 on Tuesday. Gardner Denver Holdings, Inc. has a 12-month low of $19.91 and a 12-month high of $24.55. The company’s 50 day moving average is $22.53 and its 200 day moving average is $22.55. The firm’s market cap is $4.43 billion.

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A number of brokerages have weighed in on GDI. UBS AG began coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $28.00 price target on the stock. Goldman Sachs Group, Inc. (The) began coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target on the stock. Stifel Nicolaus began coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target on the stock. Piper Jaffray Companies began coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued an “overweight” rating and a $27.00 price target on the stock. Finally, Robert W. Baird began coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued an “outperform” rating and a $28.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Gardner Denver Holdings currently has a consensus rating of “Buy” and an average price target of $27.13.

In related news, Director William P. Donnelly acquired 42,642 shares of the company’s stock in a transaction on Wednesday, May 24th. The shares were purchased at an average price of $23.37 per share, for a total transaction of $996,543.54. Following the purchase, the director now owns 42,642 shares in the company, valued at $996,543.54. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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Institutional Ownership by Quarter for Gardner Denver Holdings (NYSE:GDI)

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